FormerXBC Inc XEBEQ

Just consider these facts...Please!!

[tamaracktop]

Q4 ebitda was -$22 million

Q1 ebitda was -$5.8 million

Q2 ebitda was -$4.6 million

Q3 ebitda was $300,000

[Gann999]

and q4 will be roughly 3.5 million

[Gasmonkey]

Then why is the share price where it is. Someone PLEASE explain this. 

[tamaracktop]

Herd mentality. Not for long.

[Gann999]

Because noone wants to be on a losing team. Everyone is jumping ship to greener pastures and to be honest so far they have been right to do so. And there are no new buyers replacing those jumping ship some of those leaving may never come back even if the share price recovers because they don't want to be burned a second time around. Everyone wants to be on a winning team not a losing team so

[savyinvestor333]

Your starting to sound like filoux with all the sports talk.

[whognu1]

When (or if) they provide proof of life the downtrend will end anyone buying today is simply gambling  From all your speculations you believe that things will work out fine you may be right yet the trading/chart does not confirm that viewpoint (and hasn't done for almost 11 months) It continues to be that the safest way to play this is to wait for the trend to change It will be more

[Gann999]

There is no defined definition of what proof of life is we have seen time and time again a rally of 30 to 50 percent just to watch it fall back down and go lower. Is it when it crosses 200 dma? Is it 3? 4? 5? 6? When is this proof of life. At anyone of those points it could reverse course and start a downtrend again so I fail to see how waiting for a much higher share price is somehow smarter

[whognu1]

to me 'proof' is simply the next earnings release if they are what you all think they are then yes, this will indicate the worst is over and they are indeed a real business  the share price will act accordingly, the worst will be over and this is very cheap it will then trade as a 'normal' company; albeit a microcap one, reflecting future results and opportunities 

[tamaracktop]

You're absolutely right, and while I generally agree with the methodology of waiting till a stock has proved a trend-reversal to buy, in this case Xebec isn't much of a gamble. Xebec is trading basically at book, has reached an inflection point, and is about to report 120% yoy revenue growth. Some here have suggested they'll wait till it breaks $4 again to re-enter. There's nothing

[newcoin]

The trend reversal will begin when the algorithm is turned off. That will happen when the buying volumes increase. That will happen soon as people realize what a bargain this share price is. That will happen as soon as Q4 and YE financial results are released or leading up to that with a big NR.